Analisis Kinerja Keuangan Terhadap Harga Saham pada Industri Loga yang Terdaftar Di BEI

Abstract

The purpose of this study is to determine the financial effect proxy through Current ratio, Debt Equity Ratio, Return On Asset, Return On Equity, Return On Investment and Net Profit Margin Against Stock Price of the Company and the like mentioned in Indonesia Stock Exchange. The sample used in the study amounted to 16 companies from a total of 18 companies, for the techniques used in the study using multiple regression analysis. The test results show the variable Current Ratio, Debt Equity Ratio, Return On Asset, Return On Equity, Return On Investment and Net Profit Margin simultaneously affect the stock price of metal companies and the like listed on the Indonesia Stock Exchange, with the results obtained F- count as 5,948 with significant 0.000 < 0.05. Which means the relationship between the independent variables Current Ratio, Debt Equity Ratio, Return On Asset, Return On Equity, Return On Investment and Net Profit Margin together have a close relationship to stock prices.

The Effect of Financial Performance on Stock Prices in Food and Beverage Sub-Sector Companies Listed on the Indonesia Stock Exchange 2017-2021 Period

“…The findings in this study are in line with the research of Khasanah et al, (2021) which states that return on assets (ROA) has a definite influence on stock prices and research by Fahlevi et al, (2018) which states that ROA has a positive and significant effect on stock prices. However, this study is not in line with the findings of the study of Sauqi et al, (2019)which states that ROA has no significant effect and research by Nurlia & Juwari (2019) partially states that Return on Assets (ROA) has a negative and insignificant effect on stock prices.…”

“…The partial contribution of return on equity to stock prices is r 2 partial determination = -0.010 (table 1) or -1%. The findings in this study are in line with the findings of the study of Sauqi et al, (2019)which states that ROE has no significant effect and the research findings of Nurlia & Juwari (2019)partially states that return on equity (ROE) has a positive and insignificant effect on stock prices. But the results of this study are in line with the findings of the research of Wulansari & Prihantoro (2018) which partially states that ROE has a https://ejournal.worldconference.id/index.php/eko eISSN: 2685-3264 Attribution 4.0 International (CC BY 4.0)…”

“…The findings in this study are in line with the findings of the study of Khasanah et al,(2021)which states that net profit margin (NPM) has an uncertain effect on stock prices and research by Choiriyah et al, (2021)which states that NPM and OPM have no significant effect on stock prices of banking companies on the Indonesia Stock Exchange (IDX). However, the results of this study are not in line with the findings of the study of Sauqi et al, (2019)which states that NPM partially has a significant effect on stock prices of metal companies listed on the Indonesia Stock Exchange for the 2014-2016 period.…”

“…The reason for choosing this business entity is that currently the food and beverage sub-sector companies are experiencing rapid development, but from the facts, the value of stock prices looks risky and tends to experience a downward trend . Based on a number of findings from several researchers, namely Nailal (2016); Sauqi et al, (2019) obtained information explaining that stock prices are influenced by financial performance which is estimated through financial ratios which include return on equity (ROE), return on assets (ROA), earnings per share (EPS), debt equity ratio (DER), return on investment (ROI), net profit margin (NPM), and price earnings ratio (PER).…”

Prediction of return on equity of the energy industry based on equity characteristics

“…The aim of the work of Farooq (2019) was to investigate the effect of inventory turnover on firm profitability. The subject of the work of Irfan Sauqi et al (2019) was to determine the financial effect proxy through current ratio, debt equity ratio, ROE, return on investment, and net profit margin against stock price of the company and the like mentioned in BEI. Decomposition of ROE after return on assets (ROA), return on sales (ROS), total assets turnover (TAT), and equity multiplier (EM) provides an analytical framework appropriate for observing factors that make and influence profitability (Bielienkova, 2020).…”